Websol Energy System Limited — Important, 23-12-2024: Updates

The company is progressing with the capacity addition of a 600 MW cell line at its Falta plant. It has placed purchase orders and made advance payments for the necessary equipment, signaling a commitment to expanding production capabilities. The new line is anticipated to be installed and commissioned in the first quarter of the 2025-26 fiscal year, with commercial production expected to begin in July 2026. This strategic move is likely to enhance production capacity and potentially strengthen the company's competitive position in the solar energy market. Investors should watch this development closely as it could lead to increased revenue streams and growth opportunities.